News Details

Egypt: Cotton exports up 45% in Q1 2018-19: CAPMAS

Egypt: Cotton exports up 45% in Q1 2018-19: CAPMAS

Cotton exports from Egypt increased to 128,300 metric quintals during September-November 2018, registering an increase of 45.1 per cent over exports made during the corresponding period of the previous agricultural year, the Central Agency for Public Mobilization and Statistics (CAPMAS) said in its quarterly newsletter for the first quarter of 2018-19.

The consumption of cotton in the domestic market, however, fell to 25,700 metric quintals during the period under review, showing a fall of 42.2 per cent year-on-year, the newsletter said. The sharp drop in domestic consumption was due to suspension of manufacturing activities by some textile factories in the country.